Sam Bankman-Fried's Leaked Statement To Congress FULL of LIES
December 14, 2022
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13:47Now PlayingSam Bankman-Fried's Leaked Statement To Congress FULL of LIES
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as posted by the channelA statement from recently arrested FTX cofounder Sam BankmanFried has leaked and it shows how he was planning on not quite telling the truth to Congress. Ana Kasparian and Cenk Uygur discuss on The Young Turks. Watch TYT LIVE on weekdays 68 pm ET.
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"Reporters have obtained a copy of the prepared statement that Sam Bankman-Fried was going to give before Congress, before the disgraced FTX co-founder was arrested in the Bahamas.
Bankman-Fried faces multiple charges of money laundering, conspiracy, and financial fraud as he was placed under arrest by the Bahamian authorities on Monday at the behest of the United States Department of Justice. The Bahamas announced that they will extradite Bankman-Fried to the U.S. where he will answer to accusations of defrauding investors with the collapse of his cryptocurrency exchange.
The arrest comes as Bankman-Fried was supposed to testify to the U.S. House of Representatives Committee on Financial Services about FTX’s fall. Bankman-Fried has repeatedly claimed that he did not intentionally seek to defraud his clients, and prepared statements obtained by Forbes show that he was going to offer a contrite beginning to his testimony before Congress."
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